Financial Risk Analyst at The Singing Machine Company

Plano, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Mar, 26

Salary

0.0

Posted On

03 Dec, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Quantitative Risk Analysis, Model Validation, Statistical Techniques, Data Analysis, Forecasting Techniques, Python, R, SAS, SQL, Microsoft Excel, Power BI, Communication Skills, Attention to Detail, Critical Thinking, Problem Solving, Risk Management

Industry

Banking

Description

Summary: The Financial Risk Analyst will play a key role in enhancing the organization’s risk management framework, with responsibilities spanning enterprise risk assessment, model risk governance and advanced analytical modeling. This position bridges enterprise risk management (ERM) and model validation, ensuring robust oversight of financial and operational risks through data-driven insight, quantitative rigor, and regulatory compliance. This is an on-site position based at the Plano, TX headquarters. Essential Duties & Responsibilities (including but not limited to): Quantitative Risk Oversight * Lead the enhancement of quantitative risk measurement frameworks across credit, market, liquidity, and capital risk stripes * Maintain and upgrade analytical tools and dashboards for monitoring Risk Appetite Metrics, Key Risk Indicators (KRIs), Key Performance Indicators (KPIs) and emerging risk trends * Collaborate with business units to quantify exposures, forecast potential losses and assess the effectiveness of risk mitigation programs. Model Validation & Governance * Perform independent validation of models used for pricing, capital, liquidity and operational risk. * Apply robust statistical and econometric techniques to test model performance, including benchmarking, back-testing and sensitivity analysis. * Review model documentation for completeness, accuracy and compliance with internal standards and regulatory guidance * Identify model weaknesses, limitations and data quality concerns, proposing remediation actions to stakeholders * Support periodic performance monitoring to ensure models remain fit for purpose and aligned with business needs ERM Support & Reporting * Support the enhancement of the ERM framework, risk appetite statements and governance processes * Prepare and deliver risk analysis reports for senior management, risk committees and regulatory reviews Qualifications (Education, Computer Skills, Experience, Certifications, Etc.): * 2 to 3 years of experience in financial risk analysis, model validation, or enterprise risk management within the financial services or related industry * Familiarity with regulatory requirements and best practices in model risk management. * Bachelor’s degree in Mathematics, Statistics, Finance, Economics, Engineering or a related quantitative discipline required * Master’s degree (or equivalent) preferred * Strong analytical and quantitative skills with a deep understanding of statistical methods, data analysis and forecasting techniques. * Proficiency in Python, R, SAS, SQL or similar statistical tools for data manipulation and model analysis preferred * Advanced proficiency in Microsoft Excel, Power BI and other reporting tools * Excellent written and verbal communication skills, with the ability to translate technical findings into actionable insights for non-technical audiences * Strong attention to detail, critical thinking and problem-solving ability * Ability to manage multiple priorities in a dynamic, fast-paced environment Benefits options include: * Medical, dental and vision coverage * 401K with company match * 11 paid holidays * Accrue up to 17 vacation/sick days per year in your first year on a pro rata basis * Applicant may be eligible for annual discretionary bonus No relocation assistance provided. If you are looking to be a part of a winning team and meet the above requirements, we look forward to hearing from you. Beal Bank, Beal Bank USA, and their affiliates are Equal Opportunity Employers. Beal Bank, Beal Bank USA, and their affiliates do not discriminate against any candidate or employee on the basis of race, national origin, color, genetics, sex, marital status, sexual orientation, gender identity, age, disability, pregnancy, religion or religious affiliation, veteran or service member status, or any other characteristic protected by federal, state or local laws. All applicants have rights under federal employment laws. To view your rights and government notices on the Family Medical Leave Act (FMLA), the Equal Employment Opportunity (EEO) and the Employee Polygraph Projection Act (EPPA), please see the following Department of Labor links: FMLA [https://www.dol.gov/whd/regs/compliance/posters/fmlaen.pdf] EEO [https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf] EPPA [https://www.dol.gov/whd/regs/compliance/posters/eppac.pdf] Notice to California Residents: Beal Bank, Beal Bank USA, Beal Service Corporation, Beal Nevada Service Corporation, CLMG Corp., and CSG Investments, Inc. may collect personal information about you as part of the job application or employment process. Please see the California Privacy Rights Act Policies at CPRA Policy [http://www.bealbank.com/CCPA-Policy], CPRA Policy | CLMG Corp [https://www.clmgcorp.com/cpra-policy], CPRA | CSG Investments [https://www.csginvestments.com/cpra-policy] CPRA Policy | [https://www.brecapital.com/cpra-policy] for details.

Responsibilities

The Financial Risk Analyst will enhance the organization’s risk management framework, focusing on enterprise risk assessment and model risk governance. This role involves quantitative risk oversight, model validation, and supporting enterprise risk management reporting.